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What is the maximum I can contribute to my 401(k) plan annually?

April 26, 2017annually contribute maximum Plan

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What is the maximum I can contribute to my 401(k) plan annually?

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Generally, you may contribute to your 401(k) plan on a pre-tax basis the lesser of $15,500 (2007) or 100% of compensation, unless you are eligible for Catch-up Contributions of $5,000 more (2007) for a total of $20,500.